Posted on :
11 Mar, 2021
11 Mar, 2021
City Property Administration (Pty) Ltd is a residential and commercial property management company that has been operating since 1968 with their headquarters in Pretoria and a supporting office in Johannesburg. City Property transforms buildings and injects fresh vitality into our inner cities. We provide sophisticated, modern and cosmopolitan retail spaces, offices, warehouses and apartments that ensure that those who live and work in the CBD enjoy the best South Africa’s cities have to offer.
The Legal, Risk & Compliance Department in Pretoria has a position for a Specialist: Risk & Assurance. If you believe you meet the requirements for this position, then please send through your CV.
Job Title: Specialist: Risk & Assurance
Location: Johannesburg, Gauteng, South Africa
Reference #: LC012
Contract Type: Permanent
Salary: Market Related
The purpose of this position: To act as the custodian and specialist facilitator between the business risk owners and the company’s Legal, Risk and Compliance Department in support of the CRO through monitoring, identification, analyzing, reporting and implementing the enterprise risk management framework.
The main tasks and responsibilities associated with the position are listed below. This is not an exhaustive list of tasks and responsibilities and any other tasks and/or responsibilities that could be reasonably expected for the position may be required.
Provide Strategic Risk and Advisory Support:
1.Provide tactical input into the strategy of the business units with specific focus on topics pertaining to risk and assurance.
2.Ensure alignment between the business units’ operational strategies and initiatives and those of the enterprise risk management (ERM).
3.Provide sound advice and support to the risk owners within each business unit in the planning and implementation of risk and mitigation strategies.
Governance, Risk and Assurance Support
1.Collaborate with training and development department and others to ensure appropriate training with respect to risk and assurance awareness.
2.Contribute to the cost effectiveness of the organization in whatever way possible.
3.Present business and risk-related information to audiences across the organization.
Risk Management Duties
1.Enforce all relevant policies, procedures, standards, norms, and best practices in line with the organization’s risk strategy.
2.Gather risk-related data from internal and external resources.
3.Perform risk assessment that address threats and opportunities and coordinate the development of a business, consolidated risk management plan.
4.Review all risks identified in the business units (including regulatory risk exposures) on a quarterly basis.
5.Maintain input or data quality of risk management system.
6.Consolidate and analyze risk events reported by the business units, perform root cause analyses to recommend improvements to ensure prevention of re-occurrence.
7.Implement and monitor actions plans to address high and critical key risks on the risk and control self-assessment / risk registers.
8.Analyze identified trends in key risk indicators.
9.Review and suggest methods to improve risk mitigation, analysis and reporting.
10.Design and build risk models in support of risk management (devise systems or processes to monitor validity of risk modeling outputs).
11.Represent risk management in internal risk working committees.
12.Devise scenario analyses reflecting possible severe events and assess risks to future business operations.
13.Provide tactical input into the development of contingency plans to deal with emergencies.
14.Prepare periodic risk reports for management and coordinate responses to information requests from internal and external auditors.
1.The implementation, monitoring and reporting of the approved combined assurance management plan.
2.Coordinate and provide guidance to business units in their combined assurance initiatives – both in supporting first line and performing second line activities. Facilitate the follow-up of remediation of assurance provider findings and reporting.
3.Closely monitor implementation of Internal Audit findings and support business units to ensure findings are implemented as recommended. Perform second line validation of all country internal audit findings deemed closed.
4.Closely monitor implementation of other assurance provider findings (including 2nd and 3rd line reviews) and business units in an advisory capacity to ensure findings are implemented as recommended.
Risk Management Custodianship
1.Actively participate and facilitate in the process of identifying and assessing risks (and controls) affecting the organization with business unit risk owners.
2.Facilitate the implementation and embedment of a risk management culture.
3.Liaise extensively with the appropriate stakeholders and roles players in the business units to establish relationships and gain an understanding of the risks and emerging risks, processes, and controls, to enable pro-active risk management.
4.Provide support and guidance to risk owners / resources in their roles as trusted assurance providers to the business.
Tshwane Office Based. Property portfolio attendance required.
Qualifications & Experience:
1.Bachelor’s Degree (B. Com Accounting or Business related) or a post-graduate qualification in risk management (IRMSA endorsed).
2.3 to 5 years’ experience in risk management, compliance or audit.
3.Broad-based practical experience in risk assessment, root cause analysis and internal control environments is recommended.
Skills & Knowledge Required:
1.Knowledge of corporate governance and risk management disciplines and best practice.
2.Excellent verbal and written communication skills.
3.Good track record of managing internal risk owner relationships.
i.MS Word – Intermediate
ii.MS Excel – Intermediate
1.Interpersonal relationships – building mutually satisfying relationships.
2.Persuasion – negotiating, selling, influencing and attempting to persuade people or trying to change the point of view of others.
3.Teamwork – cooperation with others, good-natured attitude and encouraging people.
4.Stress tolerance – coping with stressful situation.
5.Independence – be self-directed and free from emotional dependency.
6.Attention to detail – focus on details, strive for perfection and be well organized.
7.Analytical thinking – like solving complex problems, carefully analyze information and use logic to address issues and problems
Application Deadline: 17/03/2021